38, PARK DRIVE, WICKFORD, SS12 9DJ - £535,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 PARK DRIVE is a very large extended detached house of 193m², built sometime between 1930 and 1949, which could now be worth an estimated £775,914. It was last sold for £535,000 in September 2015, which was around 18% above the average September 2015 detached price in the Basildon local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

38 PARK DRIVE Sold Prices

Land registry data shows three sales for 38 PARK DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Basildon local authority area for the corresponding sale date. One of the three 38 PARK DRIVE sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 15 SEP	£535,000	£452,114	18% above HPI
1999 30 JUL	£109,000	£140,168	22% below HPI
1998 28 AUG	£77,500	£131,462	41% below HPI

38 PARK DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Basildon local authority area over time, sourced from the HPI. The three 38 PARK DRIVE sales between August 1998 and September 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2015 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 38 PARK DRIVE be worth now?

38 PARK DRIVE might now be worth an estimated £775,914.

This is based on house price inflation of 45%, between September 2015 and December 2024, for detached houses, in the Basildon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45% inflationary increase is applied to the most recent sale price for 38 PARK DRIVE of £535,000 on 15th September 2015. For the value to have increased from £535,000 to £775,914 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 38 PARK DRIVE has moved in line with the HPI for detached houses in the Basildon local authority area.
• The September 2015 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PARK DRIVE has not materially changed since September 2015.

How Large is 38 PARK DRIVE?

38 PARK DRIVE is 193m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses houses in Wickford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wickford, and where 38 PARK DRIVE lies on this distribution: 96% of detached houses houses are smaller than 38 PARK DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Wickford.

38 PARK DRIVE: Plot and Title Map

38 PARK DRIVE sits on a plot of roughly 0.201 of an acre, or 814m². The below map shows the location of 38 PARK DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 38 PARK DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 38 PARK DRIVE?

38 PARK DRIVE is located in WICKFORD, in the SS12 postcode district. The below map shows the position of No. 38 on PARK DRIVE.